Peoples Democracy newsletter

Peoples Democracy newsletter

Looting the Lifeline: How the Centre is Draining RBI’s Reserve Fund

THE annual report of the RBI for the financial year 2024–25, signed by Governor Sanjay Malhotra, was released on May 28, 2025. On the same day, visual and online media – and print media the following day – reported the figures related to the amount transferred by the RBI to the Government of India from its reserve fund. For FY 2024–25, the RBI transferred Rs 2,68,594.07 crore to the Government of India.

Tragic Air Crash in Ahmedabad

AIR India’s Boeing 787-8 ‘Dreamliner’ flight AI-171 from Ahmedabad to Gatwick Airport in London tragically crashed almost immediately after take-off from Ahmedabad on June 12, 2025. All 10 crew and 232 passengers on board died, except one passenger who miraculously survived and walked away from the crash. Even more tragically, the doomed aircraft crashed into a medical college hostel mess and residential quarters.

Emergency: An Era of Crackdown and Resistance

THE Internal Emergency was declared 50 years back when I was Kerala State President of the Students’ Federation of India, and a student of Political Science in the Sree Narayana College, Kollam. Within less than a week of its declaration, we defied the Emergency and carried out a protest action in the heart of Thiruvananthapuram city, right in front of the Government Secretariat, shouting slogans like ‘Emergency in the Arabian Sea’.

The Wonderful SheLodges of Kerala

GURUVAYUR is a famous temple town in Kerala.  It is known for its Krishna Temple which attracts thousands of pilgrims everyday, for the 36 elephants attached to the temple that are great attractions at all the temple festivals.  It is also known for the fact that one of its main entrances is named the AK Gopalan Gate in memory of the legendary Communist leader who, along with others like Comrade Krishna Pillai, led a movement for the entry of dalits and low-caste Hindus into the temple premises in 1932. Recently, Guruvayur has been in the news for other reasons.  A few months ago, the Guruv

The Reality behind India’s GDP Rankings

THE CEO of NITI Aayog has asserted that India has emerged as the fourth-largest economy. He was at least truthful enough to concede that this was based on the International Monetary Fund’s (IMF) projections for 2025-26 in its World Economic Outlook. Through further elaborations, we precisely come to know that India’s nominal GDP is projected to increase to USD 4,187.017 billion ahead of Japan’s USD 4,186,431 billion by a whisker.

Trump’s War on Academia: A Threat to Research and Education in the US

THE Trump administration has started an unprecedented attack on American higher education. Using federal funds as a tool to seize control of universities and throttle academic freedom, a momentous shift in the US education and research landscape has been created. Mass grant cancellations, vicious budget cuts, and open political meddling in scientific work have been used in this attack. This has raised alarm amongst scientists and activists that there will be a wholesale dismantling of core research projects.

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